Telegram-herald., 1887-12-11

eo-opsFasio1 sssals the nlost feasible
plaza f0r satisfactorily arranging tae rsis-
tons bet4ssn eapslai znd labor. The
cuds thsory q eo-operativs. pr0nl-
sharing indaairy 10 an ancient enc. The
theory. hossvsr, has Invariably net WIth
ssrioss hiAaranes vhsa An Asfsmpt nas
been male ~ pat Il lat0 prscsieai opera
tion. An interesting Instance IA which
lhs profit sharing lsa has been more
than Usually successful Ia pTscslcal 02sr-
alton - u0licsd 10 The AsS York EreH-
tng San. Ins case Is that of Rogers.
Pest & Co. 0f New Il ork. A reporter
Tor ths saa lntsrsiszsd NJ. CAAasEas,
: nlsn0sr Il tns lruL Mz. CaAaaSEs -
0as of ths yoangost, n,sE polished ana
snccsssfui of the many prosperous bas-
mess nsn who have helpsd % n-ake
New Yofk The commercial esntse ot the
Uaissd States. Ia ansssr 70 tho inquiry.
Il nndaFsian1 thst yoa have introduced
10 YOnr BUSINESS the principle OK profit
sharing" ar. CasABzas said.
-Oh. yess - have operated this system
for nsariy Two year"
How haa Il works,l2 Does Il stmu-
late smpl 3yes and increase saissg
= Well, - 10 stimulating employees, We
have souaa thas ls does 10 so. About in
ersasinz salea, however, tdi02 you
probably have an eFronsous idea of the
r.scs. We ID not calculate our pr0d,
sharing upon the trade controlled by our
employes. We simply base our diyidsnds
upon our own net gains, and gather our
percentage agurss from ths smoant OF
our own protL Every smploye who has
worked for na. II only for week, unless
hs has been discharged Zoe gross neglect
OF sOns sGch olfsnss a. drunkenness, Is
sntltisd % a share OF dividend calculated
npon his salary 6gars. OF course, oGs
sales ara increased by the operation,
because each and every ernploye has in
ducemsnt to turn cut biz very finest
work. and this the public recognizes.
"Rsgarding the working OF the sys-
ssta. the result OF our hrst years sxpe-
rance was satisfactory, so Tar Is We were
a0is 20 obssrys, and 10 The record Of our
manufacturing department., which is the
best criterion, ws found that, while va
had reduced our hours OF labor. cur men
had produced more work, feeling natur-
slly q personal interest. Our records
showed that the production OF the ta,tory
90 reduced tine had been equal 10 that
rsaIzsd vhsn We snstainsd loogeT hours.
Thi8 speaks very well fos the plan"
What. Mr.. CHAMBEEs. was last years
dividsndg~
~Abous Siz per cent o, the salaries.
You must understand that We do not
contract to pay any specific figure. We
promise certain percentage. The divi-
dends are purely favors on the part Of
ths firm- According 10 last years work,
man drawing s20 per week receives
a check ior nearly SO. This year 1t
might run mp 20 5 per cent"
-What industries DO you consider fitted
10 adopt this SYSTEM
Manufacturing industries. an this
particular direction the plan hss been
foand 10 work finely. Aud private firms,
too. would undoubtedly Oe benefited.
There cao bs no doubt that the idea Is
practicable. Nov here Is one great ar
gumenf in favor Of the system. The chiei
obstacle 20 success IN any large business
is the difficulty Of personal supervision,
Few men work "a conscientiously for
others a. they work Tor themselves. and
most of tia defects OF manufacture q
faults u service that iDIars the rsputa-
ton Of q house with is customers would
Be avoided vers the proprietor able 70
attend 20 svsry detail biusslf Now Il
you ara al Ia sense proprietors, vii
not the cutter sndsavor 20 turn ont az
pertect work az his skill = capable o.
producing. and So on to shs exzminsl
and ssiesmang qaote. you viii under.
stand. from my address b. our employees
delivered at the dinner Of March, 1856
when ~ introduced for the first time shii
system Of percentages"
EDO you believe thss this plan nigh
be adapted 10 labor difficulties in gen
erslY"
II bsve long cherished" replied Mr.
CuAMBxRs. ~she desirs 70 bs instrumsn-
tsl in establishing a BUSINESS system
uh=reia svsry wsze-worksr might psrti-
cipats in me rssnits of his own labor
Stch a systsra believs b bs the solu
ton. and Wa only lasting solution Of th'
labor question nov 80 extensively al
tasinr this and 0ther countries.
"CapisJ sssumss TIE greatest risk
hpnss i sntiilsi 10 ths greater share Q
proffs. Labor must yisld 10 that inevi
table law Of sapply sod demand whicl
regulates wages. but in ths name cf hu
nianity lst thers be soule division of "a
final raeuiss tovsrd attaining Which labo
has contributed i1s share
TVS rxEvEassI IANGUkeE
"a. q. y. SrIIw1Lr- ~Folspukist' q
Alrna. Mlch. ia indignant oecsuse sh
Amar,can PhiioloEicai Society. 81 is rs